Orkla ASA (OSL:ORK)

Orkla ASA Income Statement

Financials in millions NOK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	70,745	69,960	67,215	57,955	50,208	46,962
Other Revenue	696	696	582	436	233	175
Revenue	71,441	70,656	67,797	58,391	50,441	47,137
Revenue Growth (YoY)	4.20%	4.22%	16.11%	15.76%	7.01%	8.08%
Cost of Revenue	36,858	36,102	35,669	29,634	25,771	24,008
Gross Profit	34,583	34,554	32,128	28,757	24,670	23,129
Selling, General & Admin	15,478	15,520	14,430	12,348	11,258	10,947
Other Operating Expenses	8,973	8,453	8,287	6,787	5,242	4,844
Operating Expenses	27,258	26,761	25,374	21,392	18,571	17,735
Operating Income	7,325	7,793	6,754	7,365	6,099	5,394
Interest Expense	-976	-1,092	-1,036	-405	-196	-182
Interest & Investment Income	134	134	86	52	30	21
Earnings From Equity Investments	1,994	1,865	1,836	861	855	1,000
Currency Exchange Gain (Loss)	-	4	4	2	2	4
Other Non Operating Income (Expenses)	-96	-56	-86	-39	-31	-28
EBT Excluding Unusual Items	8,381	8,648	7,558	7,836	6,759	6,209
Merger & Restructuring Charges	-61	-239	-341	-441	-506	-428
Impairment of Goodwill	-199	-199	-62	-4	-	-
Gain (Loss) on Sale of Assets	497	497	60	74	10	78
Asset Writedown	-579	-579	-267	-143	-21	-511
Other Unusual Items	-	-	-	-	16	-
Pretax Income	8,039	8,128	6,966	7,345	6,366	5,348
Income Tax Expense	1,747	1,729	1,545	2,077	1,468	926
Earnings From Continuing Operations	6,292	6,399	5,421	5,268	4,898	4,422
Earnings From Discontinued Operations	4,719	-	-	-	-	-
Net Income to Company	11,011	6,399	5,421	5,268	4,898	4,422
Minority Interest in Earnings	-451	-342	-225	-249	-90	-51
Net Income	10,560	6,057	5,196	5,019	4,808	4,371
Net Income to Common	10,560	6,057	5,196	5,019	4,808	4,371
Net Income Growth	74.29%	16.57%	3.53%	4.39%	10.00%	13.89%
Shares Outstanding (Basic)	698	999	997	997	997	1,000
Shares Outstanding (Diluted)	700	1,000	997	997	997	1,000
Shares Change (YoY)	-29.86%	0.25%	0.06%	-0.02%	-0.34%	0.05%
EPS (Basic)	15.12	6.07	5.21	5.03	4.82	4.37
EPS (Diluted)	15.10	6.06	5.21	5.03	4.82	4.37
EPS Growth	148.72%	16.33%	3.47%	4.46%	10.32%	13.83%
Free Cash Flow	7,101	7,616	4,328	2,407	3,666	3,991
Free Cash Flow Per Share	10.14	7.62	4.34	2.42	3.68	3.99
Dividend Per Share	4.000	4.000	3.000	3.000	3.000	2.750
Dividend Growth	33.33%	33.33%	-	-	9.09%	5.77%
Gross Margin	48.41%	48.91%	47.39%	49.25%	48.91%	49.07%
Operating Margin	10.25%	11.03%	9.96%	12.61%	12.09%	11.44%
Profit Margin	14.78%	8.57%	7.66%	8.60%	9.53%	9.27%
Free Cash Flow Margin	9.94%	10.78%	6.38%	4.12%	7.27%	8.47%
EBITDA	9,268	9,696	8,559	8,912	7,511	6,726
EBITDA Margin	12.97%	13.72%	12.62%	15.26%	14.89%	14.27%
D&A For EBITDA	1,943	1,903	1,805	1,547	1,412	1,332
EBIT	7,325	7,793	6,754	7,365	6,099	5,394
EBIT Margin	10.25%	11.03%	9.96%	12.61%	12.09%	11.44%
Effective Tax Rate	21.73%	21.27%	22.18%	28.28%	23.06%	17.32%
Revenue as Reported	70,656	70,656	67,797	58,391	50,441	47,137
Advertising Expenses	-	3,160	2,811	2,433	2,009	1,845

Source: S&P Global Market Intelligence. Standard template. Financial Sources.